Weekender: J.C. Penney is reinventing itself. Again.
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May 6 - Adidas expands deal with Foot Locker | Shopify buys Deliverr
Friday, May 6, 2022
Adidas aims to fill the Nike gap at Foot Locker with expanded partnership; Under Armour expects protracted supply chain challenges to temper sales; Shopify buys Deliverr for $2.1B to accelerate
May 5 - Wayfair's net loss nears $320M | Target, Walgreens add to C-suites
Thursday, May 5, 2022
Walgreens fills out executive team for retail; Savage X Fenty plans 6 more stores; Target focuses on customer experience, supply chain in latest leadership shuffle; United By Blue started in wholesale,
May 4 - American Dream lost $60M in 2021 | Torrid names CEO
Wednesday, May 4, 2022
Office Depot owner close to decision on sale of retail business as revenue falls; American Dream lost $60M last year; Torrid names new CEO; Amazon to hire more tech, corporate workers in California
May 3 - Macy's, Reebok expand partnership | 34% of small retailers can't pay rent
Tuesday, May 3, 2022
Union vows further organizing despite loss at Staten Island Amazon facility; Macy's to broaden Reebok apparel assortment in expanded deal; A third of small retailers can't pay rent as financial
May 2 - G-III acquires Karl Lagerfeld | J.C. Penney's latest reinvention
Monday, May 2, 2022
Amazon to get a hearing on its objections over Staten Island union vote; G-III takes full ownership of Karl Lagerfeld; Kohl's boosts reward benefits for card members to 7.5%; Authentic Brands Group
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